by Erik Kobayashi-Solomon | Oct 25, 2017 | Research
Caterpillar announced third quarter earnings yesterday morning and, for the second quarter in a row, management raised its revenue growth and EPS guidance for the year. Long story short, from…
by Erik Kobayashi-Solomon | Oct 23, 2017 | Research
On June 27, 2017, we published a Tear Sheet highlighting a bond replacement investment in IBM. The investment we detailed was a covered call struck at $155.00 / share to…
by Erik Kobayashi-Solomon | Oct 23, 2017 | Research
On June 16, 2017, long-time Framework member Carey C., encouraged me to pull together a Tear Sheet for Kroger KR, whose stock price had fallen heavily, first due to market…
by Erik Kobayashi-Solomon | Oct 21, 2017 | Research
We just finished listening to General Electric’s third quarter 2017 earnings call and, because it is a company about which we have written extensively over the last year, wanted to…
by Erik Kobayashi-Solomon | Oct 19, 2017 | Commentary
Framework members know that we are proponents of constructing a “hybrid” portfolio that includes both broad market exposure (passive investments) and stock-specific exposure (active investments). Terrific active investment opportunities do…
